Can You Get A Home Equity Loan While In A Debt Management Program?


Question: Can I get a home equity loan while in a debt management program?

I just entered a debt management program to get control over my credit card debts. I have done this separate from my husband so that only my credit is affected.

Just after I entered into the program, my husband started showing interest in a home equity loan to consolidate his credit card debts and vehicle loans, and do home improvements.

In our marriage I am responsible for my own debts, but I am wondering if being in the DMP will affect the chances of us obtaining the home equity loan.

Serious educated replies will be very much appreciated.


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This entry was posted on Saturday, February 6th, 2010 at 2:23 pm and is filed under Debt Management Programs, Questions & Answers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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